Shandong Molong Petroleum Machinery Co (SZSE:002490) Total Liabilities : ¥2,553.4 Mil (As of Dec. 2023)

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What is Shandong Molong Petroleum Machinery Co Total Liabilities?

Shandong Molong Petroleum Machinery Co's Total Liabilities for the quarter that ended in Dec. 2023 was ¥2,553.4 Mil.

Shandong Molong Petroleum Machinery Co's quarterly Total Liabilities declined from Jun. 2023 (¥2,975.00 Mil) to Sep. 2023 (¥2,648.41 Mil) and declined from Sep. 2023 (¥2,648.41 Mil) to Dec. 2023 (¥2,553.38 Mil).

Shandong Molong Petroleum Machinery Co's annual Total Liabilities increased from Dec. 2021 (¥3,097.86 Mil) to Dec. 2022 (¥3,128.25 Mil) but then declined from Dec. 2022 (¥3,128.25 Mil) to Dec. 2023 (¥2,553.38 Mil).

Shandong Molong Petroleum Machinery Co Total Liabilities Historical Data

The historical data trend for Shandong Molong Petroleum Machinery Co's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shandong Molong Petroleum Machinery Co Total Liabilities Chart

Shandong Molong Petroleum Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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3,946.79

3,374.07

3,097.86

3,128.25

2,553.38

Shandong Molong Petroleum Machinery Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial															3,156.11	2,975.00	2,648.41	2,553.38	-

Shandong Molong Petroleum Machinery Co Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Shandong Molong Petroleum Machinery Co's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	2423.121	+	(14.616	+	115.642
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	2,553.4

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	2888.082	-	334.703
	=	2,553.4

Shandong Molong Petroleum Machinery Co's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	2423.121	+	(14.616	+	115.642
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	2,553.4

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	2888.082	-	334.703
	=	2,553.4

Shandong Molong Petroleum Machinery Co Total Liabilities Related Terms

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Shandong Molong Petroleum Machinery Co (SZSE:002490) Business Description

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SHANY:USA SHANF:USA 00568:Hong Kong

Address

No. 99 Xingshang Road, Gucheng Street, Shandong Province, Shouguang, CHN, 262700

Website

http://www.molonggroup.com

Shandong Molong Petroleum Machinery Co Ltd is mainly engaged in design, research and development, processing and manufacturing, sales service and export trade of products for the energy equipment industry. The main products included petroleum-drilling machinery equipment, petroleum and natural gas transportation equipment, petroleum and natural gas exploitation equipment, and major critical components and castings and forgings products. The company's products are mainly used in petroleum, natural gas, coalbed methane, shale gas and other energy drilling, machinery processing, and urban pipe network. The sales of pipe products accounted for over 80% of the company's revenue.

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